Reuters :: Small Business News

Tower Group, CastlePoint to buy Hermitage for $135 million

(Reuters) - Reinsurer CastlePoint Holdings Ltd , which recently agreed to be acquired by Tower Group Inc , said its unit will buy Hermitage Insurance Group Inc for about $135 million in cash.<div class="feedflare"> <a href="http://feeds.reuters.com/~f/reuters/smallBusinessNews?a=QyUfDK"><img src="http://feeds.reuters.com/~f/reuters/smallBusinessNews?i=QyUfDK" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/smallBusinessNews?a=poBksk"><img src="http://feeds.reuters.com/~f/reuters/smallBusinessNews?i=poBksk" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/smallBusinessNews?a=Zn11tk"><img src="http://feeds.reuters.com/~f/reuters/smallBusinessNews?i=Zn11tk" border="0"></img></a> </div><img src="http://feeds.reuters.com/~r/reuters/smallBusinessNews/~4/376264594" height="1" width="1"/>